What Most Business Owners Get Wrong About Wills, Trusts, and Estate Planning

What Most Business Owners Get Wrong About Wills, Trusts, and Estate Planning

(Meghan McNulty Shares Estate Planning Advice on Full Count Podcast)

Most people believe a simple will is enough to protect their family and assets. That belief can lead to serious consequences.

In this guest feature on the Full Count Podcast, estate planning attorney and business owner Meghan McNulty breaks down the biggest misconceptions around wills, trusts, and LLCs. She explains how these tools actually work and why legal strategy matters just as much as legal documents.

If you’re a homeowner, entrepreneur, or building generational wealth, this episode will give you a clearer path forward.

Episode Highlights:

  • Why a will alone does not keep your family out of court
  • What a revocable living trust actually does and who needs one
  • The difference between liability protection with an LLC and probate protection with a trust
  • How to avoid family conflict over inheritance
  • What happens if you become incapacitated without a plan in place

Why Listen?

Meghan outlines the three levels of estate planning and explains how the right plan can help you avoid probate, reduce conflict, and make sure your wishes are honored. This is practical advice for anyone who wants to protect what they have built.

Mini Snippet from the Podcast:

“Most people wait until it’s too late. Estate planning is not just about documents. It’s about protecting the people you love.”Meghan McNulty

About the Host: Andrew Vargas

Andrew Vargas is a Southern California realtor, entrepreneur, and host of the Full Count Podcast. He explores high-pressure moments in life and business through honest conversations with real people. With a background in real estate and a passion for leadership, Andrew offers relatable insights on topics like personal growth and legacy planning, helping listeners make pivotal decisions with clarity and confidence.

Tune In and Stay Informed:

This episode delivers straightforward, actionable insights. Whether you are just getting started or updating an old plan, this is your chance to avoid costly mistakes and gain peace of mind.

Thank you for joining Meghan McNulty and Andrew Vargas on the Full Count Podcast. We appreciate you tuning in, and remember, taking the time to plan today can help prevent future challenges for you and your loved ones.

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